Прадпрыемства “ВМГ Індустры”. Фота А. Файніцкага. БЕЛТА
Enterprise "VMG Industry". Photo by O. Foinitsky. BELTA
Рэзідэнт СЭЗ “Віцебск” СТАА “Натрыкс” асвоіў выпуск флота для нафтавікоў. Фота А. Хітрова. БЕЛТА
The resident of the FEZ "Vitebsk" JLC "Natrix" has mastered the production of the fleet for oilmen. Photo by A. Khitrov. BELTA
Прыватнае прадпрыемства “Навукова-тэхнічны цэнтр “Дыдактыка”. Фота А. Файніцкага. БЕЛТА
Private enterprise "Scientific-technical center" Didactica ". Photo by O. Foinitsky. BELTA
Супрацоўніцтва Еўрапейскага банка рэканструкцыі і развіцця і Банка Масква-Мінск. Фота Р. Насібуліна. БЕЛТА
Cooperation of the European Bank for Reconstruction and Development and Bank Moscow-Minsk.Photo by R. Nasibulin. BELTA
The business sector in the Republic of Belarus is promisingly developing, gradually increasing its contribution to overall economic growth. It largely contributes to the formation of a competitive environment and production of consumer goods, and also significantly expands the range of services provided to the population, which generally gives additional stability to the Belarusian economy. The share of gross domestic product (GDP), formed by business entities in the country's GDP at the end of 2017 was 28,5%, the share of exports 47,2%, investment share –34.4%.
The actions undertaken by the state are aimed at improving the business environment, facilitating Belarus’ entry into the number of countries with the most favorable conditions for doing business. For example, in 2016–2017, the Belarusian authorities adopted a number of documents aimed at solving the acute problems of the Belarusian economy, the emancipation of entrepreneurship and creation of conditions for long-term economic growth. In 2016, the State program “Small and medium-sized entrepreneurship in the Republic of Belarus” for 2016–2020 was adopted. Among its main tasks is the reduction of administrative barriers to doing business; an increase in the total number of small and medium-sized business entities employed in micro-organizations; creation of comfortable conditions for the development of business environment efficiency, an increase to 40% of the share of small and medium-sized businesses in the gross value added of the country.
For over a decade, the country has been conducting a dialogue between business and government through the implementation of the document “National Business Platform of Belarus”, where concrete proposals and suggestions are made to improve the competitiveness of the economy, business climate and domestic entrepreneurship. Each year, a new document is prepared, taking into account changes in the legislation and modern realities. For example, in early 2018, the National Business Platform of Belarus-2018: From Opportunity to Reality was developed. Over the past years, more than 450 proposals have been implemented, which contributed to the improvement of the country’s business climate and the conditions for doing business.
A number of measures for business growth are provided by the Resolution of the Council of Ministers No. 18 of January 12, 2017 “On approving a set of measures to implement the Program of Social and Economic Development of the Republic of Belarus for 2016–2020”. Decree No. 7 “On the Development of Entrepreneurship” was signed by the President of the Republic of Belarus on November 23, 2017. The decree is aimed at improving the business climate in the country, creating new industries, family business, shops, cafes and hairdressers, as well as developing self-employment and creating new jobs in the country.
Ministry of Economy of the Republic of Belarus
Belarusian Business Forum
Belarusian Union of Entrepreneurs
Business Union of Entrepreneurs and Employers named after professor M. S. Kunyavsky
IPM Business School
IPM Research Center
Minsk City Union of Entrepreneurs and Employers
Entrepreneurship and Economy Department of Minsk City Executive Committee. List of small entrepreneurs incubators of Minsk